Multi-Asset Portfolio Analytics Analyst

RBC • Minneapolis, MN

1d • $70,000 - $130,000 • Onsite

About The Position

As a Multi-Asset Portfolio Analytics Analyst, you will be responsible for driving operational excellence by executing and enabling core workflows while identifying, designing, and implementing process improvements and analytical/technological enhancements. Reporting directly to the Director, Multi-Asset Portfolio Strategist, this role serves as a critical operational/analytical backbone – ensuring accurate, timely delivery of portfolio data, analytics, and insights that enable the MAPT to deliver RBC Portfolio Blueprint. Your role represents an opportunity to apply systems thinking to enhance portfolio operations holistically, while using/building expertise in technical analytics, quantitative modeling, and process design while deepening your knowledge of capital markets, investing principles and portfolio management. The position is part of the Portfolio Advisory Group (PAG). PAG’s mandate is to enable RBC Wealth Management’s (RBCWM) financial advisors to consistently deliver investment advice and solutions to their clients with the highest level of competency and confidence. Within PAG, the Multi-Asset Portfolio Team (MAPT) is responsible for the development, maintenance, and promotion of RBC Portfolio Blueprint. RBC Portfolio Blueprint is RBC Wealth Management’s multi-asset portfolio framework for coordinated investment advice and solutions. It is the full spectrum of investment advice and solutions including Strategic Asset Allocation, Active Asset Allocation, Investment Policy, Investment Selection, and Discretionary Portfolios.

Requirements

• Bachelor’s degree, preferably in Finance, Statistics, or Math
• 1-5 years’ financial industry experience
• Basic knowledge of investment performance and risk analysis, particularly as it relates to multi-asset portfolio management
• Knowledge of or desire to learn Python
• Ability to work with databases and querying languages such as SQL
• Data visualization tools experience such as Tableau
• Proficiency in statistical analysis and data modeling
• Knowledge of AI tools and proactive in exploring and implementing AI-driven solutions to enhance productivity and workflow
• Curiosity for learning new software applications. This role is seeking a candidate who wants to advance their technical capabilities. A successful candidate will enjoy the opportunity to learn/apply technical skills

Nice To Haves

• Experience with key analytical platforms or similar financial software – FactSet, Bloomberg, Morningstar Direct
• Experienced in investment management concepts such as risk measurement and reporting, performance attribution, asset allocation, and portfolio construction
• Experience in a regulated financial services environment

Responsibilities

• Assist the Multi-Asset Portfolio Team (MAPT) with broad general support of the suite of discretionary multi-asset portfolios
• Ownership of the creation and maintenance of detailed portfolio data within the portfolio analytics software
• Recommend and execute improvements to efficiency and effectiveness of our data gathering/data analysis/operating and reporting processes
• Collaborate with Multi-Asset Portfolio Risk Analyst to ensure consistent/timely distribution of accurate investment committee reports
• Collaborate with U.S. Investment Committee (USIC) members to manage a suite of discretionary portfolios.
• Aid in the coordination and participate in USIC and other investment committee meetings
• Partner with investment committee colleagues to create quantitative data-driven models that aid in the identification of market opportunities
• Gather, organize, and analyze data as part of monitoring/evaluating investment decisions
• Aid in the trading workflow process to ensure effective communication of duties and smooth execution
• Participate in activities to ensure the successful development, management, and promotion RBCWM Strategic Asset Allocation framework.
• Partner with Multi-Asset Portfolio Investment Analyst on the annual capital market assumptions and strategic asset allocation refresh
• Use analytical and technical skills to assist in development and maintenance of databases and quantitative models

Benefits

• Competitive compensation
• Flexible benefits
• 401(k) program with company-matching contributions
• Health, dental, vision, life, disability insurance
• Paid-time off
• Leaders who support your development through coaching and managing opportunities.
• Ability to make a difference and lasting impact.
• Work in a dynamic, collaborative, progressive, and high-performing team.
• Opportunities to do challenging work.
• Opportunities to build close relationships with clients.
• Potential to earn more through RBC’s discretionary variable compensation program

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level